Offshore companies are sought by foreign investors interesting in protecting their assets. Nowadays, there are many countries which provide for the creation of offshore companies which is why this type of entity can be used for various purposes.
For example, Singapore allows the establishment of offshore companies for trading purposes. On the other hand, Seychelles is one of the most renowned offshore destinations in the world and it allows for the registration of offshore companies for various purposes.
Below, our company formation consultants in Singapore have prepared a comparison between opening an offshore company in Singapore and Seychelles.
Foreign entrepreneurs who want to open offshore companies in Singapore need to consider the following requirements:
It should also be taken into consideration that it is necessary to appoint a local agent to handle the registration of the Singapore offshore company. Our Singapore company formation consultants offer such services.
Compared to opening an offshore company in Singapore, the Seychelles offshore company registration requirements are not very different. In order to create an offshore company in Seychelles, a foreigner must:
If you are interested in company formation in Singapore and decide for an offshore company, please contact us for assistance. We can also help with the registration of other types of companies in the city-state.